DCED Announces Funding to Create Jobs, Lower Energy Costs for Residents and Businesses in Luzerne County
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced a new Pipeline Investment Program (PIPE) project approval through the Commonwealth Financing Authority (CFA), that will bring natural gas energy to households and businesses in Luzerne County.
“The PIPE program provides a lifeline to residents and businesses across the commonwealth by helping them tap into Pennsylvania’s abundant natural gas resources,” Secretary Davin said. “In the end, this assistance allows residents and business owners to save money, create jobs, and lower emissions.”
Greater Wilkes-Barre Industrial Fund was approved for a $1,499,556 PIPE grant to install 20,600 feet of gas line in Dupont Borough, Luzerne County.
Greater Wilkes-Barre Industrial Fund is partnering with UGI to provide natural gas to 323 parcels, including eight commercial and 315 residential properties. This is a three-phase project with Phase I complete and Phase II under construction. Phase Ill is the construction of 20,600 feet of natural gas distribution main along various streets within the borough. The installation of the natural gas in Dupont Borough will help retain 35 jobs for existing commercial customers along the route and provide natural gas to a 36-unit housing facility called Dupont Housing for the Elderly which is being developed. These units will create up to seven new full-time jobs. The total project cost is $2,999,113, and UGI will contribute $1,499,557 in matching funds.
Though Pennsylvania has a vast network of natural gas pipeline infrastructure, some areas require funding assistance to construct the “last mile” of pipeline to extend that network to business and residents. Created by the Wolf Administration in November 2016, PIPE provides grants to construct the last few miles of natural gas lines to business parks and existing manufacturing and industrial enterprises, which will result in the creation of new jobs in the commonwealth while providing access to natural gas for residents. Applicants eligible for PIPE funding include businesses, economic development organizations, hospitals, municipalities, and school districts.
Casey Smith, DCED, email@example.com